What does the NGT diesel ban mean for automakers and used car resellers?

The National Green Tribunal today has asked the Delhi RTO to de-register all diesel vehicles in the NCR region that are more than 10 years old. That’s a huge blow to a very large segment of diesel vehicles. The ban is universal encompassing everything from passenger cars to commercial vehicles. Obviously the ruling is going to have a cascading effect on various segments of the automotive industry, consumers and manufacturer sentiment and outlay is going to shift tremendously. What all could happen, let’s take a look:

1. Deregistration…